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Join Hands for Win-win Development Speech by Mr. Yang Weize,  Chief Executive of Wuxi 2008.02.14 www.wuxisourcing.gov.cn
The friendship between India and China dates back to ancient times;  Thanks to its solid IT industry foundation, India has...
Famous   Indian companies that have already entered China: NIIT, Tata, Infosys Technologies, Wipro, Satyam and QAI Join Ha...
Wuxi is one of the first Chinese cities opening to the outside world. <ul><li>By the end of 2007, there have been over 5,0...
Wuxi is China’s first service outsourcing demonstration zone. <ul><li>Over 350 service outsourcing enterprises;  </li></ul...
Wuxi is the best investment destination for multinationals.   <ul><li>Close to Shanghai and called “Shanghai Jr.”; </li></...
<ul><li>City Status: </li></ul><ul><li>One of China’s 10 most dynamic cities in terms of economy; </li></ul><ul><li>One of...
1.  India boasts rich experience while Wuxi has strong government support.   <ul><li>Most big Indian service outsourcing c...
<ul><li>Wuxi has formulated the most preferential policies in China: </li></ul><ul><li>“ Policies of Wuxi’s ‘123 Project’ ...
2.  Indian companies have advanced software technology while Wuxi boasts sufficient human resources.   <ul><li>In Wuxi, th...
<ul><li>The No. 1 Japanese investment destination in China; </li></ul><ul><li>Investment from South Korea in Wuxi is incre...
4. India enjoys the scale advantage in service outsourcing while Wuxi boasts good infrastructure for development. <ul><li>...
5. India enjoys advantages in the international market while Wuxi boasts advantages in the Chinese market.   <ul><li>Outso...
<ul><li>Formulating a series of local IPR laws, rules and regulations, strengthening the enforcement of IPR laws, and stri...
<ul><li>To develop service outsourcing into a pillar industry of the city in 8 to 10 years; </li></ul><ul><li>Wuxi boasts ...
<ul><li>NIIT has set up a training center in Wuxi   with an annual training capacity of 2,000 students. </li></ul><ul><li>...
Welcome to Wuxi for  business, pleasure,  and living! Work together to develop a win-win situation
Work together to develop a win-win situation
Thank You!
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China Session – ‘India and China: Building Strategic Partnership for Future’, Weize YANG, Committee of the CPC

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China Session – ‘India and China: Building Strategic Partnership for Future’, Weize YANG, Committee of the CPC

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  • Hi Vijay,
    im doing a research project in which i am comparing fdi of india and china. can u plz help me out.
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China Session – ‘India and China: Building Strategic Partnership for Future’, Weize YANG, Committee of the CPC

  1. 1. Join Hands for Win-win Development Speech by Mr. Yang Weize, Chief Executive of Wuxi 2008.02.14 www.wuxisourcing.gov.cn
  2. 2. The friendship between India and China dates back to ancient times; Thanks to its solid IT industry foundation, India has taken the lead in the world as a service provider ; Indian Prime Minister, Dr. Manmohan Singh’s visit to China early this year marks an even wider and deeper cooperation between India and China. Join Hands for Win-win Development China Wuxi India Bombay
  3. 3. Famous Indian companies that have already entered China: NIIT, Tata, Infosys Technologies, Wipro, Satyam and QAI Join Hands for Win-win Development
  4. 4. Wuxi is one of the first Chinese cities opening to the outside world. <ul><li>By the end of 2007, there have been over 5,000 foreign-funded enterprises in Wuxi, among which 138 are invested by 73 of the Fortune 500 multinationals. </li></ul><ul><li>The industrial output by large enterprises in Wuxi ranks No. 6 in China. </li></ul><ul><li>Wuxi has trade and economic cooperation with 211 countries and regions. </li></ul>Join Hands for Win-win Development
  5. 5. Wuxi is China’s first service outsourcing demonstration zone. <ul><li>Over 350 service outsourcing enterprises; </li></ul><ul><li>17 companies have obtained international certifications above CMMI L3. </li></ul>US$570 million Offshore Business Volume: US$140 million Join Hands for Win-win Development Wuxi’s Service Outsourcing Business Volume
  6. 6. Wuxi is the best investment destination for multinationals. <ul><li>Close to Shanghai and called “Shanghai Jr.”; </li></ul><ul><li>An important transportation pivot in the Yangtze River Delta, boasting convenient transport; </li></ul><ul><li>Complete infrastructure and service facilities; </li></ul><ul><li>Mild climate, suitable for both living and working </li></ul>Join Hands for Win-win Development Shanghai Wuxi
  7. 7. <ul><li>City Status: </li></ul><ul><li>One of China’s 10 most dynamic cities in terms of economy; </li></ul><ul><li>One of Chinese Mainland’s top 10 cities in terms of comprehensive competitiveness; </li></ul><ul><li>One of China’s cities with the best investment environment; </li></ul><ul><li>One of China’s cities with the best development potential; </li></ul><ul><li>Ranked No. 4 among the best business cities in Chinese Mainland by Forbes in 2007 ; </li></ul><ul><li>One of China’s best cities for investment by multinationals </li></ul>Join Hands for Win-win Development
  8. 8. 1. India boasts rich experience while Wuxi has strong government support. <ul><li>Most big Indian service outsourcing companies were set up in the 1980’s with rich experience, whereas their Wuxi counterparts started only in recent years, however, with strong government support, they are making accelerated development. </li></ul><ul><li>The government of Wuxi is among the best in China in terms of service and administration. </li></ul>Wuxi and India have broad prospects for the cooperation in service outsourcing. Join Hands for Win-win Development
  9. 9. <ul><li>Wuxi has formulated the most preferential policies in China: </li></ul><ul><li>“ Policies of Wuxi’s ‘123 Project’ to Attract International Service Outsourcing and Software Export Enterprises” (called “123 Project” for short) will provide eligible enterprises with special preferential policies like office rent exemption or reduction, granting of subsidies, tax incentives, reward for export and talents, etc. </li></ul>Join Hands for Win-win Development
  10. 10. 2. Indian companies have advanced software technology while Wuxi boasts sufficient human resources. <ul><li>In Wuxi, there are over 100,000 students studying at higher education institutions and over 300,000 technical staff of various kinds. </li></ul><ul><li>Within a 150km radius of Wuxi, there are over 100 universities with 2 million students and many national research institutes. </li></ul><ul><li>The average annual salary in Wuxi is about US$4,700, while that for service outsourcing talents is around US$ 8,000. </li></ul>Join Hands for Win-win Development
  11. 11. <ul><li>The No. 1 Japanese investment destination in China; </li></ul><ul><li>Investment from South Korea in Wuxi is increasing dramatically, among which the total investment of Hynix-ST has amounted to nearly US$ 4 billion; </li></ul><ul><li>90% of Wuxi’s service outsourcing business comes from Japan and South Korea; </li></ul><ul><li>Cooperation with Wuxi will help Indian companies make better access to the Japanese and South Korean markets. </li></ul>3. Indian companies occupy a large share in the European and American markets, while Wuxi boasts competitiveness in the Japanese and South Korean markets. Join Hands for Win-win Development
  12. 12. 4. India enjoys the scale advantage in service outsourcing while Wuxi boasts good infrastructure for development. <ul><li>To construct 20 service outsourcing parks in two years under the framework of “China’s Service Outsourcing Demonstration Zone—Wuxi Taihu Protection Zone ”; </li></ul><ul><li>IBM’s “China Cloud Computing Center” has been set up in Wuxi; </li></ul><ul><li>Wuxi has one of the 36 major ports for China’s international telecommunication; </li></ul><ul><li>China Telecom’s “International Data Center” is now under construction in Wuxi. When completed, it will be able to provide data and telecommunication services for over 300 service outsourcing companies. </li></ul>Join Hands for Win-win Development
  13. 13. 5. India enjoys advantages in the international market while Wuxi boasts advantages in the Chinese market. <ul><li>Outsourced services from European- and American-invested enterprises in China; </li></ul><ul><li>Outsourced services from China—the “world factory”; </li></ul><ul><li>Outsourced services from China’s large and complete industrial system and its vast domestic market </li></ul>Join Hands for Win-win Development
  14. 14. <ul><li>Formulating a series of local IPR laws, rules and regulations, strengthening the enforcement of IPR laws, and striking hard against IPR infringement; </li></ul><ul><li>The State Intellectual Property Office has set up the National IPR Park for Industrial Design in Wuxi; </li></ul><ul><li>Wuxi encourages enterprises to acquire certifications like ISO27001 and SAS70, and will fund for this. </li></ul>Wuxi Municipal Government has designated the year 2008 as the year of “Vigorously Building the City through Quality and IPR” . Join Hands for Win-win Development
  15. 15. <ul><li>To develop service outsourcing into a pillar industry of the city in 8 to 10 years; </li></ul><ul><li>Wuxi boasts prominent advantages, broad market and great opportunities in developing the service outsourcing industry. </li></ul>D eveloping international service outsourcing industry has become Wuxi’s city strategy. Join Hands for Win-win Development
  16. 16. <ul><li>NIIT has set up a training center in Wuxi with an annual training capacity of 2,000 students. </li></ul><ul><li>Mr. Vijay Thadani, CEO of NIIT, has paid a visit to Wuxi and signed an agreement on strategic cooperation with Wuxi Software Park. </li></ul><ul><li>Wuxi has set up the business representative office in Bangalore. </li></ul>Join Hands for Win-win Development
  17. 17. Welcome to Wuxi for business, pleasure, and living! Work together to develop a win-win situation
  18. 18. Work together to develop a win-win situation
  19. 19. Thank You!

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